Venezuela Before Ch Vez

Author: Ricardo Hausmann
Publisher: Penn State Press
ISBN: 0271064641
Size: 42.28 MB
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At the beginning of the twentieth century, Venezuela had one of the poorest economies in Latin America, but by 1970 it had become the richest country in the region and one of the twenty richest countries in the world, ahead of countries such as Greece, Israel, and Spain. Between 1978 and 2001, however, Venezuela’s economy went sharply in reverse, with non-oil GDP declining by almost 19 percent and oil GDP by an astonishing 65 percent. What accounts for this drastic turnabout? The editors of Venezuela Before Chávez, who each played a policymaking role in the country’s economy during the past two decades, have brought together a group of economists and political scientists to examine systematically the impact of a wide range of factors affecting the economy’s collapse, from the cost of labor regulation and the development of financial markets to the weakening of democratic governance and the politics of decisions about industrial policy. Aside from the editors, the contributors are Omar Bello, Adriana Bermúdez, Matías Braun, Javier Corrales, Jonathan Di John, Rafael Di Tella, Javier Donna, Samuel Freije, Dan Levy, Robert MacCulloch, Osmel Manzano, Francisco Monaldi, María Antonia Moreno, Daniel Ortega, Michael Penfold, José Pineda, Lant Pritchett, Cameron A. Shelton, and Dean Yang.

Venezuela Before Chavez

Author: Ricardo Hausmann
Publisher: Penn State University Press
ISBN: 9780271056319
Size: 73.36 MB
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"A collection of essays that explore the collapse of economic growth in Venezuela since the 1970s. Essays discuss the relevance of public investment, labor markets, fiscal policy, institutions, politics, and values"--Provided by publisher.

Venezuela Before Ch Vez

Author: Ricardo Hausmann
Publisher: Penn State University Press
ISBN: 9780271056326
Size: 74.34 MB
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"A collection of essays that explore the collapse of economic growth in Venezuela since the 1970s. Essays discuss the relevance of public investment, labor markets, fiscal policy, institutions, politics, and values"--Provided by publisher.

Dragon In The Tropics

Author: Javier Corrales
Publisher: Brookings Institution Press
ISBN: 9780815705024
Size: 31.46 MB
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Since he was first elected in 1999, Venezuelan President Hugo Chávez Frías has reshaped a frail but nonetheless pluralistic democracy into a semi-authoritarian regime—an outcome achieved with spectacularly high oil income and widespread electoral support. This eye-opening book illuminates one of the most sweeping and unexpected political transformations in contemporary Latin America. Based on more than fifteen years' experience in researching and writing about Venezuela, Javier Corrales and Michael Penfold have crafted a comprehensive account of how the Chávez regime has revamped the nation, with a particular focus on its political transformation. Throughout, they take issue with conventional explanations. First, they argue persuasively that liberal democracy as an institution was not to blame for the rise of chavismo. Second, they assert that the nation's economic ailments were not caused by neoliberalism. Instead they blame other factors, including a dependence on oil, which caused macroeconomic volatility; political party fragmentation, which triggered infighting; government mismanagement of the banking crisis, which led to more centralization of power; and the Asian crisis of 1997, which devastated Venezuela's economy at the same time that Chávez ran for president. It is perhaps on the role of oil that the authors take greatest issue with prevailing opinion. They do not dispute that dependence on oil can generate political and economic distortions—the "resource curse" or "paradox of plenty" arguments—but they counter that oil alone fails to explain Chávez's rise. Instead they single out a weak framework of checks and balances that allowed the executive branch to extract oil rents and distribute them to the populace. The real culprit behind Chávez's success, they write, was the asymmetry of political power.

Venezuela

Author: Miguel Tinker Salas
Publisher: Oxford University Press
ISBN: 0199790531
Size: 66.18 MB
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Among the top ten oil exporters in the world and a founding member of OPEC, Venezuela currently supplies 11 percent of U.S. crude oil imports. But when the country elected the fiery populist politician Hugo Chavez in 1998, tensions rose with this key trading partner and relations have been strained ever since. In this concise, accessible addition to Oxford's What Everyone Needs to Know? series, Miguel Tinker Salas -- a native of Venezuela who has written extensively about the country -- takes a broadly chronological approach that focuses especially on oil and its effects on Venezuela's politics, economy, culture, and international relations. After an introductory section that discusses the legacy of Spanish colonialism, Tinker Salas explores the "The Era of the Gusher," a period which began with the discovery of oil in the early twentieth century, encompassed the mid-century development and nationalization of the industry, and ended with a change of government in 1989 in response to widespread protests. The third section provides a detailed discussion of Hugo Chavez-his rise to power, his domestic political and economic policies, and his high-profile forays into international relations-as well as surveying the current landscape of Venezuela in the wake of Chavez's death in March 2013. Arranged in a question-and-answer format that allows readers to search topics of particular interest, the book covers questions such as, who is Sim?n Bol?var and why is he called the George Washington of Latin America? How did the discovery of oil change Venezuela's relationship to the U.S.? What forces where behind the coups of 1992? And how does Venezuela interact with China, Russia, and Iran? Informative, engaging, and written by a leading expert on the country, Venezuela: What Everyone Needs to Know? offers an authoritative guide to an increasingly important player on the world stage. What Everyone Needs to Know? is a registered trademark of Oxford University Press.

Crude Nation

Author: Ral Gallegos
Publisher: U of Nebraska Press
ISBN: 1612347703
Size: 56.14 MB
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"Crude Nation tells the story of how ruinous mismanagement has resulted in the economic implosion of Venezuela, the country with the largest oil reserves in the world"--

Comandante

Author: Rory Carroll
Publisher: Penguin
ISBN: 1101605790
Size: 51.12 MB
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The inside story of Hugo Chavez’s rule and complex legacy Few leaders in our time have been as divisive and enigmatic as the late Hugo Chavez. In Comandante, acclaimed journalist Rory Carroll tells the inside story of Chavez’s life, his time as Venezuela’s president, and his legacy. Based on interviews with ministers, aides, courtiers, and citizens, this intimate piece of reportage chronicles a unique experiment in power that veers among enlightenment, tyranny, comedy, and farce. Carroll also investigates the almost religious devotion of millions of Venezuelans who regarded Chavez as a savior and the loathing of those who branded him as a dictator. In beautiful prose that blends the lyricism and strangeness of magical realism with the brutal, ugly truth of authoritarianism, Comandante offers a cautionary tale for our times.

Changing Venezuela By Taking Power

Author: Gregory Wilpert
Publisher: Verso Books
ISBN:
Size: 16.79 MB
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Venezuela under Hugo Chavez could be a model for peaceful revolutionor, as this definitive history shows, it could all be undone by the spectres of the past. Since coming to power in 1998, the Chavez government has inspired both fierce internal debate and horror amongst Western governments accustomed to counting on an obeisant regime in the oil-rich state. Is Venezuela going through a peaceful, democratic "Bolivarian revolution," with the country's poor becoming politically engaged and beginning to share its oil wealth? Or is Chavez leading his country towards Latin American caudillismo at best, or Castro-style communism at worst? In this rich and resourceful study, Greg Wilpert exposes the self-serving logic behind much middle-class opposition to Venezuela's elected leader, and explains the real reason for their alarm. He argues that the Chavez government has instituted one of the world's most progressive constitutions, but warns that they have yet to overcome the dangerous spectres of the country's past: its culture of patronage and clientelism, its corruption, and its support for personality cultsall of them fuelled by the attention and interference of a succession of US administrations.

Deepening Political And Economic Crisis In Venezuela

Author: Subcommittee on Western Hemisphere Trans
Publisher: Createspace Independent Publishing Platform
ISBN: 9781537473574
Size: 80.48 MB
Format: PDF
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With vast oil reserves, Venezuela is one of the richest countries in Latin America. Venezuela is also the cradle of democracy in South America. It is tragic that Venezuela has turned into a social, political, and economic disaster. The reason for this is simple. The nation is increasingly in the iron grip of corrupt and incompetent leaders. Venezuela is a rich country, yet it is suffering from a massive and growing shortage of food, medicine, and basic goods. Venezuela has an inflation rate of over 60 percent, among the highest in the world. Price controls in Venezuela have led to massive shortages of medicine and medical equipment, has forced hospitals to suspend cancer treatments, and all but emergency surgical procedures. It is the incompetence of Nicolas Maduro and his predecessor, Hugo Chavez, that have left Venezuela in the position that it finds itself in.